Currency Analysis & Opinion

Market OverviewWith the Fed officials having drummed up expectations of tighter monetary policy in the past few weeks, the dovish tone that accompanied the rate hike at Wednesday’s FOMC meeting...

The Fed’s dovish rate hike on Wednesday caused the dollar to weaken noticeably and there was some follow-though in the selling pressure on Thursday as the Dollar Index neared the 100 level...

After a very quiet period in the FX markets, volatility spiked in midweek amid a flurry of central bank meetings. The Fed’s dovish rate hike on Wednesday caused the dollar to drop and the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday's best-performing currency was sterling, which shot higher on the back of the Bank of England’s monetary policy...

The GBP/USD has hit a fresh post-FOMC high this afternoon. Like the Bank of Japan and Swiss National Bank, the Bank of England decided to keep its monetary policy unchanged. BUT it wasn't a unanimous...

Market OverviewJanet Yellen and the FOMC met market expectations and increased the Fed Funds target range by 25 basis points to 0.75%/1.00%. There was no surprise in this move by the FOMC, but despite...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve raised interest rates for the first time this year by 25bp and the U.S. dollar tanked. To the casual market...

The slide in UK wages has overshadowed an otherwise decent jobs report as the rate of unemployment fell to a 12-year low. As a result, the GBP/USD came off its highs. Traders are taking no chances...

While my colleagues in New York managed much better than expected, as the city sidestepped the worst of the winter storm Stella, there was little inspiration during Tuesday’s North American...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve is gearing up to raise interest rates for the first time in 2017 and instead rising, U.S. yields fell,...

Market OverviewThe fundamental and newsflow events are beginning to already rack up and drive significant uncertainty into the minds of traders. Sterling is coming back under pressure as the UK looks...

Currency markets were in a wait-and-see mode during the Asian session as investors were cautious ahead of central bank meetings this week (which include the Federal Reserve, the Bank of Japan and the...

Let’s make no mistake about it: today’s not going to be the most important day of the week. It will be Wednesday and Thursday when most of this week’s action will likely take place,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We may be nearing the end of the third quarter but this week will be one of its most important weeks. The Federal Reserve is...